Impax Asset Management Group Plc (LON:IPX – Get Free Report) declared a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 22.90 ($0.29) per share on Friday, March 21st. This represents a yield of 7.12%. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from Impax Asset Management Group’s previous dividend of $4.70. The official announcement can be accessed at this link.
Impax Asset Management Group Stock Up 0.1 %
IPX opened at GBX 334.50 ($4.25) on Friday. The company has a current ratio of 3.59, a quick ratio of 2.26 and a debt-to-equity ratio of 6.93. Impax Asset Management Group has a 1-year low of GBX 310 ($3.94) and a 1-year high of GBX 575 ($7.30). The company has a market capitalization of £428.03 million, a PE ratio of 1,070.26, a PEG ratio of 5.05 and a beta of 1.64. The firm’s 50 day simple moving average is GBX 364.55 and its two-hundred day simple moving average is GBX 392.49.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank decreased their price target on shares of Impax Asset Management Group from GBX 620 ($7.87) to GBX 560 ($7.11) and set a “buy” rating on the stock in a research report on Tuesday, October 8th.
Insider Activity
In other news, insider Ian Simm sold 2,600 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of GBX 365 ($4.63), for a total transaction of £9,490 ($12,046.20). Insiders own 19.34% of the company’s stock.
Impax Asset Management Group Company Profile
Impax Asset Management Group plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.
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